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Article: Fidelity[R] College Savings Survey Finds Tough Economic Conditions Forcing Families to Make Trade-Offs to Meet College Costs.
- Article from:
- Business Wire
- Article date:
- September 17, 2009
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Parents With High School Age Students Are Projected to Meet Only 11 Percent of Future College Costs - But High School Seniors Are Ready to Carry Some of the Burden
BOSTON -- Fidelity Investments([R]) today announced the results of its third annual College Savings Indicator study, which calculates how prepared parents are to pay for future college costs.
This year's study found that more parents of college bound children, aged 18 and younger, have started saving and are better utilizing tax-advantaged savings accounts such as 529 plans, but the challenging economic environment of the past year has impacted overall savings levels. Parents of children in ...